Bill Commons

NY S 8020

in committee

Relates to equitable investment practices

New York · 2025-2026 Regular Session · upper

Quick answers

Did NY S 8020 pass?

Not yet. NY S 8020 is in committee as of 2026-01-08 and has not come to a final vote. Latest recorded action (2026-01-08): PRINT NUMBER 8020A

What is NY S 8020 about?

Enacts the "New York state agency BIPOC asset management and financial institution strategy act" to ensure the promotion of equity, diversity, and inclusion within the state pension system and the New York city pension system's investments by mandating a minimum allocation of assets to BIPOC asset managers, BIPOC financial institutions, and BIPOC financial or professional service firms; addresses disparities in investment opportunities and fosters economic growth within BIPOC communities, aligning with best practices in investment management and bolstering the financial well-being of New York City and state and residents thereof (Part A); relates to fair investment practices by investment advisers within the state of New York (Part B).

Who sponsors NY S 8020?

Leroy Comrie is the primary sponsor of NY S 8020, joined by 3 cosponsors.

Description

Enacts the "New York state agency BIPOC asset management and financial institution strategy act" to ensure the promotion of equity, diversity, and inclusion within the state pension system and the New York city pension system's investments by mandating a minimum allocation of assets to BIPOC asset managers, BIPOC financial institutions, and BIPOC financial or professional service firms; addresses disparities in investment opportunities and fosters economic growth within BIPOC communities, aligning with best practices in investment management and bolstering the financial well-being of New York City and state and residents thereof (Part A); relates to fair investment practices by investment advisers within the state of New York (Part B).

Introduced
—
Latest action
2026-01-08 — PRINT NUMBER 8020A
Bill type
bill
Last updated
—

Sponsors

  • Leroy Comrieprimary
  • Zellnor Myriecosponsor
  • Kevin S. Parkercosponsor
  • Luis R. Sepúlvedacosponsor

Committees

Not provided by source.

Action timeline

  1. 2025-05-15

    REFERRED TO CIVIL SERVICE AND PENSIONS

    referral-committee

  2. 2026-01-07

    REFERRED TO CIVIL SERVICE AND PENSIONS

    referral-committee

  3. 2026-01-08

    AMEND (T) AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

    amendment-passage,referral-committee

  4. 2026-01-08

    PRINT NUMBER 8020A

    amendment-passage

Versions

Documents

Votes

Not provided by source.

Related bills

  • Prior session: A 9999not in this corpus
  • Companion bill: A 5471

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S8020?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=S 8020. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.